LemFi launches services in Latin America from the US, UK, and Canada, offering the best exchange rates, zero transaction fees, and instant transactions.
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LemFi is a leading financial technology platform transforming global money transfers. Serving over 1 million customers in the United States, United Kingdom, and Canada, LemFi supports international payments to over 20 countries in Africa, Asia, and Europe.
Following recent expansions, LemFi is set to enter the Latin American diaspora market, starting with Brazil and Mexico.
Every year, thousands of Latin Americans move to North America and Europe for better living opportunities, but they often face challenges accessing reliable, fast, and cost-effective financial services—a problem LemFi is addressing.
Mexico is the top recipient of remittances in the region, with Brazil following closely behind. LemFi’s mobile app allows customers to send money to their home countries within minutes, offering the best exchange rates, various payout methods, and zero transaction fees.
“Since our inception in 2020, we have been committed to reshaping how people move their money internationally,” says Rebeca Wignall, LemFi’s General Counsel.
“Our expansion to serve the Latin American diaspora underscores our global growth ambitions and our desire to be the choice remittance platform for everyone, everywhere,” she concludes.
With a recent launch in the United States, a US$33 million Series A funding round, and expansions to China, India, and Pakistan, LemFi demonstrates its capability to provide reliable, cost-effective, and valuable services, helping the Latin American diaspora stay financially connected to home.
LemFi invites everyone needing to stay in touch with their homes in Mexico, Brazil, and beyond to experience their innovative products and services through the mobile app, available on the Google Play Store, Apple App Store, and the website.
LemFi will continue to expand to diverse markets and innovate, offering easy-to-use and cost-effective ways to move money safely across the globe.
LemFi is the preferred international payment app for everyone. Send money to India, China, Pakistan, Nigeria, Ghana, Kenya, and 16 other countries. Receive and manage your money without stress.
